Multiple Choice
Which of the following illustrates the law of demand?
A) More people watch college basketball in March than in November.
B) The number of long distance calls in the United States is greater on Christmas than on Valentine's Day.
C) College enrollment increases when federal tuition grants are readily available to students.
D) The prevailing wage rate in an industry determines how many people choose to work in the industry.
Correct Answer:
Verified
Correct Answer:
Verified
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